There has been an increase in the number of companies considering laying off staff and freezing wages in order to safeguard working capital over coming months, according to the latest Lloyds Business Barometer.

June 8,2020

Activity in the UK's prime property market - that is defined as the market for residential property with a value in excess of £1m - remains subdued, but prices appear to have found a floor.

June 8,2020

The UK economy continues to recover from the depths it plunged during the strict covid-19 lockdown, according to economists at Barclays.

June 8,2020

The UK furlough scheme for employees and its equivalent for the self-employed are costing HM Treasury one percent of annual economic output per month, newly released figures showed this week, explaining concerns about the budget deficit as well as nascent and forthcoming government efforts to wind it down. 

June 8,2020

American welfare claims rose further last week despite a widespread view that the bottom of the coronavirus-splattered economic trough was seen in April and suggesting that U.S. unemployment climbed deep into the second quarter, but there was a silver lining in the small print as well as in downwardly-revised GDP figures. 

May 28,2020

The UK economy suffered a 18.1% plunge in retail sales in the month of April, a record collapse but one that is hardly surprising given the scale of the economic shutdown enforced by the government in its effort to stop the spread of covid-19.

May 22,2020